Two-wheeler insurance follows the same rules as other motor insurance. Third-party cover is required; a new two-wheeler is sold with long-term third-party cover for five years, and own-damage cover protects the vehicle itself.
Many two-wheelers are ridden without a valid policy after the first one ends. Riding uninsured breaks the law and leaves you personally liable for any harm to others.
The general rules are explained on Motor insurance.
Products
No products are listed in this category yet. Products appear here only after Finobazaar has reviewed them against the insurer's documents; we do not show invented products or prices.
What policies usually cover
- Third-party liability
- Own damage and theft, if you have comprehensive or own-damage cover
- Compulsory personal accident cover for the owner-rider, unless you already hold qualifying cover
Your policy wording lists exactly what is covered, the limits and the exclusions.
What to check before you buy
- The end date of both the third-party and the own-damage parts
- IDV, deductibles and add-ons
- NCB from your previous policy
Key terms
- Long-term policy
- A policy that covers several years in one premium. New two-wheelers get five years of third-party cover.
Rules that apply
- Long-term third-party premiums for new two-wheelers (five years) are set in the same government notification as yearly premiums. [1]
Rules referred to
- Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022 (G.S.R. 394(E), 25 May 2022)
Third-party premiums are notified by the Central Government in consultation with IRDAI. Revisions have been proposed since; check the current notification.
Finobazaar read published copies of these rules on 19 October 2026. Rules change: check the current text on irdai.gov.in or with your insurer.
Calculators
Guides and checklists
- How to make a motor insurance claimOwn-damage, theft and third-party claims: reporting, survey and settlement.
- Renewing an insurance policyGrace periods, keeping your benefits and what to check before you renew.
- Motor insurance claim: document checklistDocuments commonly asked for in own-damage, theft and third-party motor claims.
- Policy renewal checklistWhat to have ready and to check before you renew a policy.
Official resources
- IRDAI – Insurance Regulatory and Development Authority of India (opens in a new tab)The insurance regulator: regulations, circulars and the lists of registered insurers and intermediaries.
- IRDAI policyholder website (opens in a new tab)IRDAI's site for policyholders: consumer education and how to complain.
- Bima Bharosa – IRDAI grievance portal (opens in a new tab)Register and track a complaint against an insurer after you have complained to the insurer.Toll-free 155255 or 1800 4254 732; email complaints@irdai.gov.in. IRDAI accepts complaints from the policyholder or claimant, not from agents or other people writing for them.
Addresses checked on 19 October 2026.